It takes a year to remodel a house, and they are selling people the idea of green energy overnight. Oil is going nowhere anytime soon. The demand will continue to rise.
B
does suncor own the most gas stations in canada?
j
Price spikes and it gets quite in here... Where are all the shorties at ?
H
Can't wait to see those buy back numbers for June, should be tasty, will we hit over 20 million this month?
s
What separates this company from the JR’s, and a lot of others is the percentage of institutional ownership . Over 60% is owned by institutions, . Also, with all the extra cash flow that is being used to buy back shares , boosting the share price , Suncor could theoretically buy back most of the outstanding shares within a few years, particularly if the price of oil stays elevated.
b
should start moving in the right direction here soon. 🤞
Short video, 5 minutes long. Watch and comment if you would like to. Talks about oil price cap but the energy market outlook for 2022 as well.
Oil price cap will create a loss of supply: Goldman Sachs’ Jeff Currie
www.youtube.com
J
Gut feeling about a monster rally in July-August.
Bounceback to $53 CAD over the next 2 weeks then hold on tight!
E
There's a lot of people in this chat complaining about Suncor because the stock hasn't had the run-up that all the other major oil companies had. Hey I definitely fall into that category I thought we'd be at $80 by now. The reason I bought Suncor was because I believe that based on it past trading history they would be a company that would weather the downturn in oil. I will wait it out collect the dividends and hopefully we see a dividend increase, good luck to all Longs
C
Go baby go !!!!
j
In 2022 SU will show earnings above $8/share. Therefore a fair market value after Aug 4 (reporting date) should be well above $60/share. Sounds good to me.
C
Come on SU finish strong can I get a go baby go !!!!!
P
Patience, folks.
This stock will be above US $60 by December. If you can take the volatility.
A
Rally time boys!
i
@j7843 agree 1) oil company in general make good profit 2) oil price will stay reasonable high above 100 for a while
j
Tough market ride in the last month. Think oil will rise to 130+ in July, however the next Fed rate meeting will likely hammer the market again.
R
When is this stock reach $60?
b
I think the avg volume has shrunk by at lease 3 mil. that seem right?
R
The energy is the 2nd biggest sector in the TSX. If the TSX goes down and the crude oil skyrocket to 135 to 140 a baril. Do Suncor will still goes up 25% to 30% even if the TSX goes down about 15% I just want to know normally if my scenario will be right
T
I'm buying more. :) Been in since just above 20 and there's still room to run here LOL! If you don't agree it's fine and we will all see. When Buffett doubles down on oil you should listen, but at the same time,, not buy into his stocks. Buy whatever oil company you want, you may just win.
Oil is going nowhere anytime soon. The demand will continue to rise.
Where are all the shorties at ?
Short video, 5 minutes long. Watch and comment if you would like to. Talks about oil price cap but the
energy market outlook for 2022 as well.
Bounceback to $53 CAD over the next 2 weeks then hold on tight!
Therefore a fair market value after Aug 4 (reporting date) should be well above $60/share.
Sounds good to me.
This stock will be above US $60 by December. If you can take the volatility.
Think oil will rise to 130+ in July, however the next Fed rate meeting will likely hammer the market again.
If you don't agree it's fine and we will all see. When Buffett doubles down on oil you should listen, but at the same time,, not buy into his stocks.
Buy whatever oil company you want, you may just win.